Finance | eGov Review

Zimbabwe Signs Agreement Enabling Collection of Taxes From Crypto and E-Commerce Entities

The Government of Zimbabwe has confirmed signing an agreement with Daedalus World Limited, enabling the latter to collect taxes from crypto and other content providers.

Staff Reporter Jan 25, 2022 2 min read Finance

China Launches Digital Yuan App

China has released the new digital yuan app for iOS and Android on domestic app stores. The app is available to users in 12 cities across China and will be available to foreign visitors at the Winter Olympics – but its audience will be limited. Tencent-owned WeChat announced it would begin rolling out the e-CNY as a payment option on its platform, potentially introducing the digital currency to over 1.2 billion users.

Staff Reporter Jan 24, 2022 4 min read Finance

El Salvador’s Bitcoin Wallet Onboards 4M Users with Netki Partnership

Chivo, El Salvador’s official Bitcoin wallet, has managed to onboard 70% of the unbanked population in El Salvador, partner says.

Staff Reporter Jan 24, 2022 2 min read Finance

Russia Proposes Ban on Use and Mining of Cryptocurrencies

Russian central bank proposes a ban on cryptocurrency use. Regulator warns of risks to financial stability. Analysts say the wider impact is negligible for now. Ban on cryptocurrency exchanges also proposed

Staff Reporter Jan 24, 2022 3 min read Finance

FDIC and FinCEN Announce New Digital Identity Proofing Initiative

U.S. FDIC and FinCEN announced a Dubbed Tech Sprint to support development of digital identity proofing for the financial sector.

Staff Reporter Jan 21, 2022 1 min read

South African Banks Expect Breakthrough Blockchain Year

South African banks are looking to increase their investments in blockchain and distributed ledger technologies this year.

Staff Reporter Jan 20, 2022 5 min read Finance

Bluestone Signs Up to MyIdentity Pilot Scheme

It allows home buyers and sellers to input their details into a central hub, accessible to all relevant parties in a property transaction, including conveyancers, solicitors, and mortgage intermediaries.

Staff Reporter Jan 20, 2022 2 min read Finance

ADB Approves US$170 Million Investment in Nigeria’s Start-Ups

The investment in Digital and Creative Enterprises Program (i-DICE) is a Federal Government of Nigeria initiative promoting investment in digital and creative industries.

Staff Reporter Jan 18, 2022 3 min read

Axis Bank Issues Financial Contract on India-Backed Blockchain Platform

India’s Ministry of Commerce and Industry developed the SLDE platform for transferring documents using blockchain-based security protocols.

Staff Reporter Jan 12, 2022 1 min read Finance

E-Cards, MoneyFellows to Provide Digital Financing Solutions to Pensioners in Egypt

e-Card's partnership agreement with MoneyFellows enhances the use of digital transformation technologies in the Egyptian economy and facilitates the access of Egyptian society to financial services easily and safely.

Staff Reporter Jan 12, 2022 2 min read Finance

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